Robeco Institutional Asset Management B.V. Decreases Holdings in Carlyle Group Inc. (NASDAQ:CG)

Robeco Institutional Asset Management B.V. lessened its holdings in Carlyle Group Inc. (NASDAQ:CG - Free Report) by 44.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,000 shares of the financial services provider's stock after selling 40,606 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Carlyle Group were worth $2,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Carlyle Group by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 23,161,423 shares of the financial services provider's stock valued at $1,169,420,000 after buying an additional 180,757 shares during the last quarter. Capital World Investors lifted its position in shares of Carlyle Group by 0.3% during the 4th quarter. Capital World Investors now owns 19,778,358 shares of the financial services provider's stock valued at $998,609,000 after buying an additional 50,784 shares during the last quarter. William Blair Investment Management LLC lifted its position in shares of Carlyle Group by 15.5% during the 4th quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider's stock valued at $668,990,000 after buying an additional 1,773,465 shares during the last quarter. Boston Partners lifted its position in shares of Carlyle Group by 7.1% during the 4th quarter. Boston Partners now owns 7,102,085 shares of the financial services provider's stock valued at $358,687,000 after buying an additional 467,767 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in Carlyle Group by 201.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,351,432 shares of the financial services provider's stock worth $320,684,000 after purchasing an additional 4,244,131 shares in the last quarter. Institutional investors own 55.88% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CG. Citigroup dropped their price objective on Carlyle Group from $55.00 to $39.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Oppenheimer cut Carlyle Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. TD Cowen raised Carlyle Group from a "hold" rating to a "buy" rating and set a $56.00 price objective on the stock in a report on Wednesday, May 14th. Morgan Stanley dropped their price objective on Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating on the stock in a report on Monday, April 14th. Finally, JMP Securities dropped their price objective on Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating on the stock in a report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $53.00.

Carlyle Group Price Performance

CG traded up $1.14 on Friday, reaching $55.59. The company had a trading volume of 1,753,929 shares, compared to its average volume of 2,655,482. The business has a 50 day simple moving average of $46.01 and a 200 day simple moving average of $46.76. The company has a market cap of $20.08 billion, a price-to-earnings ratio of 18.84, a P/E/G ratio of 1.20 and a beta of 1.86. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.36 and a current ratio of 2.36. Carlyle Group Inc. has a 52-week low of $33.02 and a 52-week high of $57.50.

Carlyle Group (NASDAQ:CG - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The financial services provider reported $1.14 EPS for the quarter, topping the consensus estimate of $0.97 by $0.17. The firm had revenue of $973.10 million for the quarter, compared to the consensus estimate of $972.27 million. Carlyle Group had a net margin of 19.00% and a return on equity of 23.78%. The business's revenue was up 2.0% compared to the same quarter last year. During the same period last year, the firm posted $1.01 earnings per share. As a group, sell-side analysts anticipate that Carlyle Group Inc. will post 4.48 EPS for the current year.

Carlyle Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.52%. The ex-dividend date was Monday, May 19th. Carlyle Group's dividend payout ratio (DPR) is presently 47.46%.

Carlyle Group Company Profile

The Carlyle Group Inc is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.